Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is calling for crucial amendments to the Petroleum Act of 1934 to better align with contemporary industrial needs and practices. FPCCI President, Mr. Atif Ikram Sheikh, high…
Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has voiced concerns over the State Bank of Pakistan’s recent decision to lower the interest rate by 2.5 percent to 15 percent, arguing that it does …
Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan reveal modest fluctuations in major currencies over recent days, with the US dollar, Euro, and British pound showing slight increases in both buying a…
Karachi: Recent data released by JS Global shows a significant year-over-year decrease in Pakistan’s cotton arrivals during the first four months of FY25, alongside a substantial increase in oil marketing company (OMC) sales in October 2024. The contr…
Islamabad: Pakistan’s oil marketing companies (OMCs) experienced a significant increase in sales volumes in October 2024, marking the highest monthly figures in nearly two years. The rise was largely driven by increased demand in the agricultural sect…
Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has unveiled a new three-year business plan aimed at revitalizing the sector through enhanced export capabilities, increased access to finance, and greater integration into global …
Islamabad: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has proposed a transformative shift from Pakistan’s current industrial economy to a digital-focused economy, taking cues from successful models in China. This recommendation…